Frequently Asked
Questions
Find Solutions to Common Issues Related to taxation - gst reports
How do I update my GSTIN details if they have changed?
To update your gstin details you can follow this steps:
Step 1: Go to administration menu
Step 2: Then click on configuration option
Step 3: Then click on features and option button
Step 4: Then click on GST/VAT tab then enter the updated gst number in GSTIN field
How is ITC tagging handled in BUSY for GST reporting?
ITC tagging in BUSY for GST reporting is handled through the monthly ITC tagging feature, which allows users to tag ITC entries as per GSTR 2A or GSTR 2B. This tagging is necessary for accurate GST reporting and can be done party-wise and date-wise.
How can i check the expense wise itc in BUSY?
To check the expense wise itc in BUSY, you can follow the below steps:
Step 1: Go to display section then click on gst report and select gst other report.
Step 2: Choose purchase expense wise itc then specify the date range and open the report.
What are the GSt related report available in BUSY ?
You can check GSt Report including GSTR1, GSTR2, GSTR3B, GSTR9.
Moreover, you can generate return from Gst return section directly from BUSY
Also, you have the option to download your data from gst portal and reconcile it partywise or voucher wise as given reports in BUSY
How can I resolve the GST validation issue in BUSY
To fix GST validation problems in BUSY, follow these steps:
Step1 Make sure BUSY BLS is active.
Step2 Disable or exclude your antivirus in the BUSYWin folder or BUSY21 exe.
Step3 Check the Filterwell port.
Step4 If the issue persists, changing your internet connection may solve the problem.
From Where can i see a GST summary in BUSY?
If you want to see a GST summary in BUSY please follow these steps:
Step 1: Go to display menu then click on GST reports submenu
Step 2: Click on GST summaries and click on GST summary
Step 3: Specify the date range and generate the report
How do i open GST report again in BUSY ?
To open report of GST again in BUSY then follow the steps :
Step 1: Open BUSY software
Step 2: Then go to Display menu
Step 3: Then click on Gst reports option
Step 4: Here you can check the various type of gst report
I want to adjust my taxes for GST but the entries are not getting updated in the summary. What is the right way to post GST entries so they reflect properly?
The right way to post GST Adjustments entries so they reflect properly in GST Summary is that:-
1: Go to display - gst reports - gst summary - press f4 in the report - Do auto - post adjustment entries by gst summary report.
I am unable to see the tax rate for some transactions in the GST R report even though it was entered during invoicing. What should I do?
unable to see the tax rate for some transactions in the GSTR1 report even though it was entered during invoicing because of maybe in those transactions sales type selected as exempt or nil-rated so those transactions showing in GSTR1 report under 0% tax rate
I had tagged some bills as pending from last year to claim in this year. But when I downloaded B from the portal, those tagged bills are not showing. Why is that?
To carry forward the pending ITC entries to new year follow below steps:
Step 1: Take a latest backup of the company.
Step 2: Go to administration menu and select change financial year.
Step 3: Then select carry forward pending ITC entries.